Recent Buy – BNS, STWD

I’m looking for companies that are fairly valued, have a decent dividend yield(3% to 6%) and have a fairly long history of paying dividends consistently for 10 years or more. However, there could be some cases for exceptionally good company or a strategic buy for a very long term.

Although, it is getting difficult to find companies at fair valuation, I still pulled triggered on following companies in Oct, 2016:

1) Bank of Nova Scotia (BNS)
This is my 12th buy of BNS this year, a marathon buying spree so far! It turns out to be almost 1 buy per month on average. I added 5 positions in BNS on 10/13 at $52.43. It’ll add $14.40 of passive dividend income on an annual basis.

2) Starwood Property Trust, Inc. (STWD)
Reit segment is moderating now but still, it has a higher risk to significant correction. As a long-term investor, this could be good addition to the portfolio. I bought 10 positions in STWD at $21.92 on 10/24 and it’ll add $19.20 of passive income on an annual basis.

Full Disclosure: Long on above mentioned securities.

Thanks for reading.

4 thoughts on “Recent Buy – BNS, STWD

    1. Hi Dividendsandhobbies,

      The month of Oct was slow in terms of buying, but, still few of them to keep the divies train going. My initial target is to reach $1000 per month and that will be a decent passive income.

      Thanks for stopping by and commenting.

Leave a Reply